Canada
Canada’s Real Estate Market Expects Better Housing Starts
The real estate market of Canada failed to show any signs of recovery, though a research expected 10% of Canadians to start indulging in buying homes in a period of next two years and the percentage of Canadians who seek buying a house as a long term investment increased to 91%.
2010 visitors buy $32 million in Vancouver real estate CTV News 01.03.2010 | Metro Vancouver real estate hot, not yet overheating: Conference BoardDERRICK PENNER VANCOUVER SUN 02.02.2010 |
Vancouver’s home prices rated ‘most unaffordable’Brian Morton Vancouver Sun 25.01.2010 | Canadian Government Considers Measures To Cool Real Estate Market Property Wire 21.01.2010 |
Posting a record-breaking year-over-year sales increase for December, bigger down payments and shorter amortization periods are among the measures being considered to cool off a rapidly heating Canadian real estate market that has seen seasonally adjusted sales rise for 11 straight months. But where some see a bubble others predict that prices will begin to come down as inventory returns to the market. See the following article from Property Wire for more on this. | |
How To Buy Real Estate In Canada International Property Journal 04.01.2010 | Competition Bureau seeks real estate shake-upKaren Mazurkewich Financial Post 02.11.2009 |
The Canadian property purchasing process closely resembles its American counterpart, with oversight and listing information provided by the Canadian Real Estate Association. Prospective buyers should factor in taxes and fees when pricing properties, including a Goods and Services Tax on new housing, Realtor and attorney charges and costs associated with land transfer and mortgage loan coverage. See the following article from International Property Journal for more on this. | |
Vancouver real estate market heating up CBC News 15.10.2009 | B.C. real estate on an upward climb for the rest of '09DERRICK PENNER VANCOUVER SUN 27.08.2009 |
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